Exam 3: Social Security Taxes

Cole is a minimum wage employee in Santa Fe, NM, where the minimum wage is $11.80 per hour. His employer claims that since the federal minimum wage is $7.25 per hour, Cole should only receive the federal amount. What is the correct answer in this situation?

Compensatory time is only federally mandated for public salaried exempt employees.

_____are always exempt from FLSA provisions.

The tipped minimum wage is $2.13 per hour for all states.

Paloma is a 16-year-old who babysits for a local family on an occasional basis. During a calendar year, she earned $1,250 in babysitting wages. What is true about Paloma's wages?

Which of the following is true about salaried employees? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

The difference between the federal minimum wage and the tipped wage involves:

Tetsuko is a surgical resident at a busy metropolitan hospital. She regularly works 24-48 hour shifts as a part of her duties. What must the employer do, according to the FLSA? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

The difference between the tipped employee minimum wage and the federal minimum wage is called the .

The hundredth-hour system promotes more accuracy in employee time collection than the quarter-hour system.

The minimum wage for salaried employees is:

Nicholas is the driver for a company executive. He is paid $13.50 per hour for his services and overtime only for hours worked in excess of 40 hours per week. His actual driving time varies, depending on the needs of the executive. Which of the following is true about Nicholas's compensation?

Federal policy explains clear differences between exempt and nonexempt employees.

Nonexempt employees are usually workers who:

Which of the following is not a class of worker that may receive an hourly rate below the Federal minimum wage?

Susan travels among client sites as a routine part of her employment. Travel to her first customer site and from the last customer site to her home are not compensated. Under which of the following circumstances will she be compensated for her travel? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

The payroll register should be retained indefinitely, unlike most other payroll documentation.

Any employee may request a payroll draw against future earnings.

A firm is always exempt from FLSA provisions if it has fewer than 5 employees.

To compute the hourly rate for an employee with a 40-hour standard workweek, you would divide the annual salary by 2,080.